Kolkata, April 20 (IANS) The Enforcement Directorate (ED), on Monday, issued notices for interrogation to Kolkata Deputy Commissioner of Police (DCP) Shantanu Sinha Biswas and his two sons in connection with a money-laundering syndicate linked to notorious and absconding gangster Sona Pappu.Incidentally, on Sunday, the ED officials conducted a marathon raid and search operations at the residence of Sinha Biswas at Fern Road in South Kolkata and at a coaching centre owned by one of his sons.Insid…
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New Delhi, March 18 (IANS) The Enforcement Directorate (ED) has restored immovable properties worth about Rs 650 crore to 2,312 genuine homebuyers in connection with the money laundering probe against the SRS Group, officials said on Wednesday.The restitution was carried out following an order dated March 11 by the special Prevention of Money Laundering Act (PMLA) court in Gurugram, allowing the return of attached properties to legitimate claimants who had suffered losses due to the alleged frau…
Hyderabad, Feb 10 (IANS) The Directorate of Enforcement has registered an ECIR in the Tirupati laddu adulteration case to begin the probe into allegations of money laundering.The Central agency registered an Enforcement Case Information Report (ECIR) under the Prevention of Money Laundering Act against the accused, sources said on Tuesday.The ED launched the investigation based on the charge sheets filed by the CBI-led Special Investigation Team (SIT) in the case.There are allegations of hawala-…
New Delhi, Jan 23 (IANS) The Supreme Court on Friday sought sealed-cover status reports from the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) on their ongoing probes into alleged large-scale bank frauds linked to Reliance Communications Ltd (RCOM), its group companies, and promoter Anil Ambani. A Bench of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi directed the two Central agencies to apprise the top court of the progress made in the investig…
New Delhi, Jan 22 (IANS) Taking action in a Rs 236 crore loan fraud, the ED arrested a Gurugram-based company’s suspended official for cheating that involved fictitious sales and misrepresentation to generate funds for money laundering, an official said on Thursday. The Directorate of Enforcement (ED), Gurugram Zonal Office, arrested Sandeep Gupta, ex-promoter and suspended managing director of Richa Industries, under the provisions of PMLA, 2002, on January 20, 2026.Later, he was produced bef…
Hyderabad, Jan 22 (IANS) Former Rajya Sabha member V. Vijayasai Reddy on Thursday appeared before the Enforcement Directorate for questioning in the multi-crore liquor scam case. The former leader of YSR Congress Party (YSRCP) appeared before the Enforcement Directorate (ED) officials at the agency’s regional office in Hyderabad.The ED is conducting a money laundering investigation in the Rs 3,500 crore liquor “scam”, which allegedly occurred during the YSRCP rule.The ED has taken up the probe b…
Kolkata, Jan 20 (IANS) The Enforcement Directorate (ED) on Tuesday conducted search operations across Jharkhand, Manipur and Kolkata in connection with a massive fake Input Tax Credit (ITC) scam worth around Rs 658 crore, said sources in the central investigation agency. The raids were conducted at the premises of individuals and firms suspected of being linked to the fraud. ED’s Itanagar unit is spearheading the operation in coordination with state police forces, sources said.According to inv…
Bengaluru, Jan 5 (IANS) In a significant blow to tax evasion networks plaguing India’s Goods and Services Tax (GST) system, the Enforcement Wing (South Zone) of Karnataka’s Commercial Taxes Department has exposed and dismantled a sprawling interstate fake invoicing cartel.Operating across Karnataka and Tamil Nadu, the syndicate orchestrated fraudulent transactions totalling a staggering Rs 1,464 crore in building materials like cement, iron, and steel, leading to the wrongful claiming and passin…